Treasury Secretary Steven Mnuchin announced on Friday that tax returns normally due on April 15 will not be due until July 15 this year. The news came in a tweet, and the IRS has not yet issued official guidance on the move.
The Treasury secretary’s tweet read, “At [President Donald Trump’s] direction, we are moving Tax Day from April 15 to July 15. All taxpayers and businesses will have this additional time to file and make payments without interest or penalties.”
Here are the details as reported by By Alistair M. Nevius, J.D. of the Journal of Accountancy